The UAW and Ford have reached tentative agreement will create or retain 12,000 jobs in the U.S. — 5,750 are new – and offer most workers a $6,000 signing bonus, $1,000 more than GM workers recently got in their new deal.
· Ford commits to add 12,000 hourly jobs in its U.S. manufacturing facilities by 2015, including in-sourcing from Mexico, China and Japan; this is 5,750 hourly jobs more than the previously announced 7,000 U.S. positions to be added by year-end 2012
· Ford pledges to invest $16 billion in the U.S. – including $6.2 billion for U.S. plants – to design, engineer and produce more new and upgraded vehicles and components by 2015
· Ford says the agreement is fair to its employees and that it improves the company’s competitiveness in the U.S.
· The new jobs and investment commitments in the UAW-Ford tentative agreement are contingent upon ratification of the agreement by the UAW membership.
Later today we should see what this will mean for the Brook Park and Avon plants.
Article Courtesy of WOIO 19 Action News